Resolution 14-055 Establishing the Property Tax Mil Rate Levy at 4.5 for 2014

CITY OF HOMER

HOMER, ALASKA

                                                                                                                                       City Manager

RESOLUTION 14-055

A RESOLUTION OF THE HOMER CITY COUNCIL ESTABLISHING THE CITY OF HOMER PROPERTY TAX MIL LEVY RATE AT 4.5 MILS FOR 2014.

               WHEREAS, Homer City Code 9.04.040 states that the City Council must establish a mil rate no later than June 15 of each year; and

               WHEREAS, Council set the mil rate at 4.5 mils for 2014 with the adoption of budget Ordinance 13-44(A); and

               WHEREAS, The 4.5 mil rate established by Ordinance 13-44(A) will be maintained.  

               NOW, THEREFORE, BE IT RESOLVED that the Homer City Council hereby establishes the City of Homer property tax mil levy rate at 4.5 mils for 2014 and authorizes the City Manager to so inform the Kenai Peninsula Borough.

               PASSED AND ADOPTED by the Homer City Council this 27th day of May, 2014.                 

                                                                                                         CITY OF HOMER

                                                                                                         ______________________
                                                                                                         MARY E. WYTHE, MAYOR

ATTEST:

_______________________________

JO JOHNSON, MMC, CITY CLERK

Fiscal Note: Estimated real property tax revenue $3,065,880, Account No. 100-0005-4101.